August 21, 2007: Bush tries to calm skittish investors (AP)

  • “We’re going to work through this problem just fine,” Paulson said in an interview with CNBC. He urged patience as investors reassess their appetite for risk, saying: “There’s not going to be a quick solution” to some of the problems. “I think what the American people need to understand, these things take a while to play out.”

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